SB Energy Stock: Company Gets $1 Billion from OpenAI and SoftBank for AI Data Centers

TLDR SB Energy receives $1 billion investment split equally between OpenAI and SoftBank at $500 million each The funding supports construction of OpenAI’s 1.2-gigawatt data center in Milam County, Texas Investment is part of the $500 billion Stargate initiative backed by President Trump in January 2025 SB Energy and OpenAI form preferred partnership to develop [...]

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